Mark Marengo 5.0 1 idea

80-90% of rare earth minerals used in U.S. defense products are sourced overseas, creating a major supply chain gap. Public-private partnerships are crucial to developing solutions and bringing processing capability back to the U.S. Deals like MP Materials' acquisition of a rare earths facility are examples of bespoke solutions developed by locking arms with government, industry, and finance. This is a critical part of securing the defense industrial base. LONG on opportunities in rare earth mineral processing and securing critical material supply chains essential for defense and technology manufacturing. Developing domestic processing capability is capital-intensive and requires sustained, coordinated effort between the public and private sectors.